TelePlus Reports 33% Increase in Handset Sales for Q2 to Date

MONTREAL, June 7, 2005 - TelePlus Enterprises, Inc. (OTCBB: TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America today announced that its subsidiary TelePlus Retail Services, Inc. ("TelePlus Retail'') reported an increase of 33% in wireless handset sales for the second quarter to date (which includes April and May) this year compared to the same period a year ago. Total number of wireless handset sales reached 5,420 compared to 4,080 handsets for the same period last year.

"Our retail division continues to perform well in the second quarter,'' stated company President and COO Kelly McLaren. "Operational improvements and cost containment measures completed at the end of May are anticipated to favorably impact our retail operation for the remainder of the year,'' added McLaren.

Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com, where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.

About TelePlus (http://www.teleplus.ca)

TelePlus Enterprises, Inc. ("TelePlus'') is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division, TelePlus Retail Services, Inc., owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including Internet services.

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.

Source: TelePlus Enterprises Inc.

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Contact:

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866-699-3388 http://www.agoracom.com
info@teleplus.ca TLPE@agoracom.com
http://www.teleplus.ca/